India's 'high' premium valuations can come with upsides: Market gurus

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According to Jain, the next 5-10 years are expected to see slightly better growth prospects than the past decade, supported by increased offshoring of services, manufacturing expansion, and recent economic reforms.

Even a conservative projection places earnings growth between 15 and 20 per cent,” Khemani said, reflecting the confidence that investors have in India’s sustained growth over the coming decades.

The bulk of returns, therefore, should come from earnings growth,” Jain said, estimating corporate profit growth at an annualised rate of around 12 per cent.

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Category: BusinessFinance

Markets: India

Topics: India premium valuations Sunil Singhania Corporate profit growth BS BFSI Summit Equity market Return on equity Price-to-earnings multiple Prashant Jain BFSI A K Bhattacharya Indian equities Economic growth Vikas Khemani

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Article Type: News Report

Published On: 2024-11-07 @ 13:45:32 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 736 words

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Copyright Owner: © Business Standard

News ID: 23458866

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